Form D Raw Data - Electronic Filing Depository

EFDID: 43691EFD: Raw Data

Issuer: Polunin Developing Countries Fund, LLC (0001529217) - D/A

Accession: 0001192482-21-000373 () (EDGAR Files) (Form D)

Edgar Posted: Apr. 30, 2021
EFD Posted: Apr. 30, 2021

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001529217 </ cik >

< entityName > Polunin Developing Countries Fund, LLC </ entityName >

- < issuerAddress >

< street1 > VICTORIA PLACE </ street1 >

< street2 > 31 VICTORIA STREET </ street2 >

< city > HAMILTON </ city >

< stateOrCountry > D0 </ stateOrCountry >

< stateOrCountryDescription > BERMUDA </ stateOrCountryDescription >

< zipCode > HM 10 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 44 (0) 20 7824 8800 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Limited Liability Company </ entityType >

- < yearOfInc >

< overFiveYears > true </ overFiveYears >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Aditya </ firstName >

< lastName > Mehta </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Polunin Capital Partners Pte Ltd. </ street1 >

< street2 > 137 Amoy Street, 03-06 Far East Square </ street2 >

< city > Singapore </ city >

< stateOrCountry > U0 </ stateOrCountry >

< stateOrCountryDescription > SINGAPORE </ stateOrCountryDescription >

< zipCode > 049965 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Manager of the Managing Member of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Nicholas </ firstName >

< lastName > Hoskins </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Wakefield Quin Limited </ street1 >

< street2 > Victoria Place, 31 Victoria Street </ street2 >

< city > Hamilton </ city >

< stateOrCountry > D0 </ stateOrCountry >

< stateOrCountryDescription > BERMUDA </ stateOrCountryDescription >

< zipCode > HM 10 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > President and Manager of the Managing Member of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Evandro </ firstName >

< lastName > Pereira </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > Rua Das Jabuticabeiras, 498 </ street1 >

< city > San Paulo (SP) </ city >

< stateOrCountry > D5 </ stateOrCountry >

< stateOrCountryDescription > BRAZIL </ stateOrCountryDescription >

< zipCode > 05674-011 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Manager of the Managing Member of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Laura </ firstName >

< lastName > Knox </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o Wakefield Quin Limited </ street1 >

< street2 > Victoria Place, 31 Victoria Street </ street2 >

< city > Hamilton </ city >

< stateOrCountry > D0 </ stateOrCountry >

< stateOrCountryDescription > BERMUDA </ stateOrCountryDescription >

< zipCode > HM 10 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Secretary and Treasurer of the Managing Member of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Pooled Investment Fund </ industryGroupType >

- < investmentFundInfo >

< investmentFundType > Other Investment Fund </ investmentFundType >

< is40Act > false </ is40Act >

</ investmentFundInfo >

</ industryGroup >

- < issuerSize >

< aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

< item > 3C </ item >

< item > 3C.7 </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001192482-20-000305 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2011-11-30 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

< isPooledInvestmentFundType > true </ isPooledInvestmentFundType >

< isOtherType > true </ isOtherType >

< descriptionOfOtherType > Limited Liability Company Interests </ descriptionOfOtherType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Robin Pierce Armour </ recipientName >

< recipientCRDNumber > 2581987 </ recipientCRDNumber >

< associatedBDName > AMD Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 121539 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 100 Tri-State International </ street1 >

< street2 > Suite 138 </ street2 >

< city > Lincolnshire </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60069 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > David Foree Nyren </ recipientName >

< recipientCRDNumber > 2636909 </ recipientCRDNumber >

< associatedBDName > AMD Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 121539 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 100 Tri-State International </ street1 >

< street2 > Suite 138 </ street2 >

< city > Lincolnshire </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60069 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Daniel Adrian Weiss </ recipientName >

< recipientCRDNumber > 1707436 </ recipientCRDNumber >

< associatedBDName > AMD Capital, LLC </ associatedBDName >

< associatedBDCRDNumber > 121539 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 100 Tri-State International </ street1 >

< street2 > Suite 138 </ street2 >

< city > Lincolnshire </ city >

< stateOrCountry > IL </ stateOrCountry >

< stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >

< zipCode > 60069 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > Indefinite </ totalOfferingAmount >

< totalAmountSold > 2028169455 </ totalAmountSold >

< totalRemaining > Indefinite </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 203 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 3194754 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Polunin Capital Partners Limited, the Investment Manager of the Issuer, is responsible for the payment of any sales commissions. Sales commissions are reported as of December 31, 2020 and include sales commissions paid to foreign brokers. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Polunin Developing Countries Fund, LLC </ issuerName >

< signatureName > /s/ Nicholas Hoskins </ signatureName >

< nameOfSigner > Nicholas Hoskins </ nameOfSigner >

< signatureTitle > Manager of the Managing Member </ signatureTitle >

< signatureDate > 2021-04-30 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >